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India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis

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Govt for 2nd round of the PLI initiative for speciality steel

The steel ministry supports a second round of the PLI program for specialit...

29 Jul 2024 11:44 AM IST Notification

Global steel production rises by 0.5% in June

Global crude steel production increased by 0.5 % in June 2024 to 161.4 mill...

26 Jul 2024 03:37 PM IST Ferrous

Government announces updated Steel Import Monitoring System 2.0 Portal

Union Minister of Steel and Heavy Industries H.D. Kumaraswamy has unveiled...

26 Jul 2024 11:16 AM IST Announcement

Indian steelmakers demand measures to address growing steel imports

The Indian steel industry is seeking measures to limit rising steel imports...

25 Jul 2024 03:18 PM IST Ferrous

Steel demand in India will hit 300 MT by 2030, supported by strong development and govt policies

India's path to becoming a global steel production hub is outlined in its a...

25 Jul 2024 12:55 PM IST Ferrous

Global pig iron production fell by 3.7% m/m in June

Global pig iron output in June 2024 declined 3.7% from the previous month t...

25 Jul 2024 10:48 AM IST Ferrous

Budget 2024: Steel industry welcomes import tariff cuts, sustained infrastructure drive

India's steel sector has a number of reasons to celebrate the Union Budget...

24 Jul 2024 12:47 PM IST Ferrous

Nippon to dissolve JV with China's Baoshan to expand in US, India

Nippon Steel will dissolve its joint venture with China's Baoshan Iron &...

23 Jul 2024 04:36 PM IST Business

Economic Survey 2023-24: Green steel to play vital role in global low-carbon economy

Green steel will play a major role in redefining the industry's future as t...

23 Jul 2024 02:49 PM IST Energy

2024 Budget: FM Nirmala Sitharaman announces Critical Mineral mission

Finance Minister Nirmala Sitharaman unveiled the critical Mineral Mission t...

23 Jul 2024 12:35 PM IST Notification

Excess Chinese steel is putting pressure on Indian steelmakers

India’s Economic Survey 2023–24, presented in parliament on Mon...

23 Jul 2024 11:26 AM IST Ferrous

Vedanta acquires two significant mining blocks in Karnataka, Bihar

Vedanta Ltd announced that it has acquired two significant mining blocks th...

22 Jul 2024 06:33 PM IST Large Corporate

India should connect to Chinese supply chain to promote manufacturing: Economic survey

Chinese overproduction due to a demand-supply mismatch in the country is dr...

22 Jul 2024 04:07 PM IST Business

India must curb steel dumping, revisit Asean FTA, say JSW Steel’s Acharya

India must impose restrictions on "predatorily priced" steel imports and re...

22 Jul 2024 11:45 AM IST Ferrous

China's steel bar exports increased by 11.5% in first half of the year

The Chinese customs authorities report that during January-June this year,...

19 Jul 2024 03:50 PM IST Ferrous